Charitable Gift Annuities

A Mutually Beneficial Relationship

A Charitable Gift Annuity allows you to donate cash, property or other assets and receive a guaranteed fixed income for as long as you live. You also have the option to name a secondary life beneficiary who will receive the income after your death for the remainder of his or her lifetime. Payments are based on the donor’s age and are determined by standard annuity rates which are established by the National Council on Gift Annuities (a national organization of which most charitable organizations are members).

Under existing federal and state tax laws, an immediate partial tax deduction is permitted, and a portion of the annual income is also tax free. The amount of the deduction, as well as the payout, is determined by the number of life beneficiaries and their ages.

Please visit the Archdiocese of St. Louis' Gift Annuities webpage for more information.

Kate Guyol
Development Director
Kenrick-Glennon Seminary